Avia 314- Final Exam Questions and Answers 100% Solved | Latest Update
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Course
Avia
Institution
Avia
Avia 314- Final Exam Questions and
Answers 100% Solved | Latest Update
What has caused the average aviation business person the most trouble in
making sound business deciions? - The love of aviation
Considering adjustments to strategic goals would be considered -
objectives planning
What does...
current ratio? - ✔✔Inventory aircraft are considered an asset
How should the flight line operations of an FBO view flight crews and their
passengers? - ✔✔They should be viewed as customers
What operational procedure changes were made in 2005 that allowed for
better integration of GA flying with airspace procedures in other parts of the
world? - ✔✔Domestic Reduced Vertical Separation Minimums program
There can be many positions within the maintenance business unit. What
are some of the key responsibilities of the manager of the maintenance
unit? - ✔✔To ensure profitability of service
The text mentions layers of insurance. The text also mentions the idea of a
reinsurer. Which company was mentioned as the ultimate reinsurer? -
✔✔Lloyd's of London
The survival of the FBO as a business is tied directly to - ✔✔the survival of
the airport.
The Airline Deregulation Act was enacted what year? - ✔✔1978
"I'm so busy doing the urgent things that there isn't time to do the important
things." - ✔✔This statement is from a manager who struggles with setting
priorities.
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